Vikran Engineering Limited — Interim / Quarterly Report 2025

Sep 25, 2025

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Date: 25[th] September, 2025

To, To, Corporate Relationship Department, National Stock Exchange of India BSE Limited, Mumbai, Dalal Street, Ltd. Exchange Plaza, Bandra-Kurla Phiroze Jeejeebhoy Towers, Complex, Bandra (E), Mumbai – Mumbai-400001. 400051. (Scrip Code: Equity - 544496) (Symbol: VIKRAN, Series EQ)

Dear Sir/Madam,

Sub: Vikran Engineering Limited announces its un-audited financial results for the first quarter ended June 30th, 2025

Dear Sir/Ma’am,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby provide an update regarding un-audited financial results of Vikran Engineering Limited for the first quarter ended on June 30th, 2025.

The above information is also available on the Company’s website at https://www.vikrangroup.com

This is for your information and record.

Thanking You,

For Vikran Engineering Limited

KAJAL Digitally signed by KAJAL SAGAR SAGAR RAKHOLIYA Date: 2025.09.25 RAKHOLIYA 11:25:28 +05'30'

______ Kajal Rakholiya Company Secretary and Compliance Officer Membership No. ACS 45271

Place: Thane

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Q1 FY26 Earnings Release

Consolidated Revenue at 159.16 crore

EBITDA stood at 22.64 crore with healthy 14.22% margin

5.65 crore

Mumbai, September 22[nd] , 2025: Vikran Engineering Limited ( ), -growing

EPC companies with presence across Power Transmission & Distribution, EHV Substation, Railway and Metro Electrification, and Water Segment today announced its un-audited financial results for the first quarter ended June 30[th] , 2025 .

Key Consolidated Highlights:

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Particulars (Rs. Cr.) Q1 FY26 Q1 FY25 YoY
Revenue from Operations 159.16 136.06 16.98%
EBIDTA 22.64 14.07 60.91%
EBITDA Margin (%) 14.22% 10.34% 388 bps
PAT 5.65 4.29 31.70%
PAT Margin (%) 3.55% 3.15% 40 bps
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*EBITDA is calculated excluding Other Income

Performance Highlights for the first quarter ended 30[th] June 2025:

• Revenue from Operations stood at Rs. 159.16 crore compared to Rs. 136.06 crore in Q1 FY25 , an increase of 16.98%. This was led by new orders from Power Infrastructure vertical .

• EBITDA for the quarter stood at Rs. 22.64 crore compared to Rs. 14.07 crore in Q1 FY25, an increase of 60.91%. EBITDA Margins stood at 14.22% , in line with our estimates

• PAT stood at Rs. 5.65 crore, an increase of 31.70% on YoY basis

Operational Highlights:

• As of June 30, 2025, the total orders stood at Rs. 5,120.21 crore, of which Rs. 2,442.44

• crore is balance for execution, providing strong revenue visibility. The Company has delivered a robust growth trajectory with a CAGR of over 32.17% during the last three years, and is on track to achieve even better growth backed by favourable market conditions and its diversified execution

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Key Projects:

• PGCIL 13-SS-88T-Mandsaur & Khandwa-Supply of Goods and Services Contract for 765kV AIS Extn Package SS 88T.

• PGCIL 11-SS-134-Malerkotla-Supply and Services of goods contract for 400kV GIS substation Package SS-134

• PGCIL TW 29 B & 30 B, DMS SC and AB 1-Supply and Services of goods contract for 132kV Transmission line Package at Arunachal Pradesh.

• PGCIL 12-SS-139-Pavagada-Supply and Services of goods contract for 400kV AIS Substation Extension PackageSS-139 for Extension of 500 MVA, 400/220kV Tumkur (Pavagada)

• NTPC - KUPWARA-Kashmir Power Dist. Corp. Ltd. Through NTPC, LOSS REDUCTION WORK UNDER RDSS IN DISTRICT KUPWARA, KASHMIR.

• CORE-KKK-Gujhandi-Ministry Of Railway,CORE-KKKELECTRICAL, Design, supply, erection, testing & commissioning of 3 Phase Double Circuit 132 KV Transmission Line from KTPS GSS to the Gujhandi & Nimiaghat.

• MPPTCL TR 59-Upgradation of 132KV Substation Narsinghgarh to 220KV Substation with associated 220KV & 132KV Transmission Lines & Feeder bays.

• MVVNL - Gonda Districtf New 11 KV HT Line, Installation of New Distribution Cluster-1 (Gonda District) of MVVNL.

• VIKRAN-RBIPL (JV)n, Testing, Commissioning, Trial Run and Operation & Maintenance of Various Components of Ghogri Multi-Village Scheme, District Betul.

• MGVCL-Mahisagar & Panchmahal-Full Turnkey Contract (Supply And Installation) For Conversion of HT O/H 11 Kv Open Conductor To MVCC Overhead Conductor and HVDS Including HT/LT Conversion In Mahisagar & Panchmahal District Under The Jurisdiction Of MGVCL Under Van Bandhu Kalyan Yojana-2 (Vky-2) Scheme.

• Patna - Design, manufacture, test, deliver, install, commission and complete certain facilities, viz. Development of Distribution Infrastructure at Electric Supply Circle Nalanda districts of Bihar

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Commenting on the overall performance of the Company, Mr. Rakesh Markhedkar, Chairman & Managing Director, Vikran Engineering Limited said,

We are delighted to present our first quarterly results as a listed company. The strong financial performance reflects our disciplined execution, cost efficiency, and diversified project portfolio. With a robust order book and proven capabilities in power, water, and railway infrastructure, we are well-

About Vikran Engineering Limited:

Vikran Engineering Limited is a diversified EPC player with expertise across Power Transmission & Distribution, Water Infrastructure, and Railway Electrification, supported by emerging capabilities in Solar EPC and Smart Metering. The company provides end-to-end turnkey solutions spanning conceptualisation, design, supply, installation, testing, and commissioning, enabling it to capture the full value chain of project execution.

Over the years, Vikran has successfully completed 45 projects across 14 states with marquee clients including - NTPC, Power Grid light model, in-house design and engineering expertise, and strong supply chain of 3,500+ vendors ensure efficient mobilization and timely delivery of projects.

For more information, please visit www.vikrangroup.com

For further information please contact: Mr. Amit Sharma / Bhavya Aggarwal Vikran Engineering Limited, Adfactors PR amit.sharma@adfactorspr.com / bhavya.aggarwal@adfactorspr.com

Cautionary statement concerning forward-looking statements:

Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other risk factors, viewers are cautioned not to place undue reliance on these forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

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